Can economics help us to understand, and deal with, the prospect of climate change due to human activities? Your answer should include reference to at least three of the following aspects of the problem: a) A carbon tax vs cap and trade b) The UK’s legal commitment to reduce net carbon emissions to zero by 2050 c) Assessing costs to future generations d) Bargaining over climate change e) Environmental dynamics

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Can economics help us to understand, and deal with, the prospect of climate change due
to human activities?
Your answer should include reference to at least three of the following aspects of the
problem:
a) A carbon tax vs cap and trade
b) The UK’s legal commitment to reduce net carbon emissions to zero by 2050
c) Assessing costs to future generations
d) Bargaining over climate change
e) Environmental dynamics 

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